Prime Properties Case Studies

The following selection of Case Studies provides an overview of several different transactions completed by Prime Properties for an array of investors.

Brentwood Office

The Challenge : Client has $517,000 with a 1031 Qualified Intermediary and desires net lease investment with market cap rate and cash on cash of 9.5%

Cascade Engineering

The Challenge : A long vacant retail grocery building, where retail was no longer a viable use. The owner lived next door to the property and did not want certain uses. Furthermore, she did not want to sell the property. Find an acceptable use and user for the property, which would give the owner a reasonable return on equity.

Tualatin Industrial Property

The Challenge : A 27 acre industrial site in Tualatin, Oregon being sold under a two year contract to purchase agreement with the seller desiring to exchange under 1031. Under the contract purchase, closing would normally disqualify any payments subsequent payments from 1031. Additionally, the seller wanted to retain about two acres.

Woodburn Residential Development

The Challenge : A 15 acre residential development parcel owned by eight adult children, who would not allow any developer to encumber the property for entitlements, prior to conveyance. To determine feasibility of development, significant money would need to be spent. The developer would need to know that if he spent the money he would be allowed to purchase and develop the property.

Each of the eight siblings had different goals for their respective portion of the property.